* Equity Flows
- Europe: $3.3bn outflows (5 straight weeks = worst since Oct’14)
- Japan: $1.0bn outflows (largest in 6 weeks)
- EM: $1.7bn inflows (first inflows in 19 weeks) (largest since Jul’15)
- US: first inflows in 10 weeks ($3.9bn)
- By sector: healthcare outflows in 9 of past 10 weeks ($0.5bn); consumer funds see $0.7bn inflows (largest in 19 weeks); utilities eke out 9 straight weeks of inflows
* Fixed Income Flows
- $2.9bn inflows to HY bond funds (largest 3-week inflows in 3years)
- First inflows to bank loan funds in 19 weeks ($0.4bn) (largest since Apr’15)
- $1.1bn inflows to EM debt funds (largest in 12 months)
- 25 straight weeks of inflows to Munis ($0.5bn)
- $1.4bn outflows from Govt/Tsy funds (3 straight weeks)
- $1.8bn inflows to IG bond funds (largest in 8 weeks)
- 4 straight weeks of inflows to TIPS ($0.4bn)
* Asset Class Flows
- Equities: $4.5bn inflows (largest in 10 weeks) (note divergence between $7.5bn ETF inflows & $3.0bn mutual fund outflows)
- Bonds: $6.1bn inflows (largest since Apr’15)
- Precious metals: $1.0bn inflows (9 straight weeks = longest
- streak since Oct’12)